We note in our Lunchtime Liberty Update this week that the Obama Administration's class warfare campaign…
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Barclays Capital Study Echoes CFIF on the Danger of Raising Taxes on "The Rich"

We note in our Lunchtime Liberty Update this week that the Obama Administration's class warfare campaign targeting "the rich" will inflict further harm on our economy.  Not only would such tax increases hit small businesses (which create most new jobs in America) particularly hard, it would also penalize the income segment that accounts for 1/3 of consumer spending, which itself accounts for 2/3 of the nation's economy. Confiscating even more of those dollars may sound fine on a teleprompter, but it will bring destructive consequences in the real world.

Now, a new study by Barclays Capital highlights another potential harm.  According to their analysis, Obama's plan will cause a 9% drop in the S&P 500 and a 900-point drop in the Dow Jones Industrial Average.  As noted in this morning…[more]

July 30, 2010 • 01:12 pm

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Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
Home Jester's Courtroom Why Coke Is Not Smiling
Why Coke Is Not Smiling Print E-mail
Thursday, January 29 2009

Coca-Cola, maker of Vitaminwater, has been sued by the Center for Science in Public Interest (“CSPI”) over what is called “deceptive and unsubstantiated health claims” on the products' labels. 

The Washington-based self-proclaimed nutrition advocacy group claims the labels deceive customers into believing that Vitaminwater offers health benefits.  The Vitaminwater flavor names include “defense,” “rescue,” and “energy.”  CSPI said the drink was basically sugar water.

"Coke fears, probably correctly, that they will sell less soda as Americans become increasingly concerned with obesity, diabetes, and other conditions linked to diets too high in sugar. VitaminWater is Coke's attempt to dress up soda in a physician's white coat.  Underneath, its still sugar water, albeit sugar water that costs about ten bucks a gallon," CSPI litigation director Steve Gardner said.

Coca-Cola calls the suit “ridiculous,” saying Vitaminwater's labels are accurate.  According to one label, the bottle lists six vitamins plus folic acid at 50 percent of daily values.

"This is a ridiculous and ludicrous lawsuit. Glaceau Vitaminwater is a great tasting, hydrating beverage with essential vitamins and water, with labels showing calorie content," the company stated while reacting to the class action lawsuit filed in US District Court in the Northern District of California.

"Filing a lawsuit is an opportunistic PR stunt. This is not about protecting the public interest. This is about grandstanding at a time when CSPI is receiving very little attention,” a Coca-Cola statement added.

—Sources:  Boston Globe and Culinologyonline.com

Question of the Week   
In 1967, Teamsters Union President Jimmy Hoffa was jailed on a 13-year sentence for jury tampering, fraud and conspiracy. Which one of the following Presidents commuted his sentence?
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Quote of the Day   
 
"House Speaker Nancy Pelosi is the world’s worst cleaning lady. How has she fulfilled her vaunted promise to 'drain the swamp' and preside over the 'most ethical Congress in history'? By shrugging her shoulders, downplaying the gravity of myriad ethics charges against corruptocrat Democrat Rep. Charlie Rangel and waiting for the 'political chips' to 'fall where they may.'  Imagine a custodial…[more]
 
 
—Michelle Malkin, Syndicated Columnist
— Michelle Malkin, Syndicated Columnist
 
Liberty Poll   

Following President Obama's appearance on "The View," which television show should he appear on next?